Video Game Market Size And Forecast
The Global Video Game Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Video Game Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Video Game Market was valued at USD 143.51 Billion in 2019 and is projected to reach USD 371.76 Billion by 2027, growing at a CAGR of 12.65 % from 2020 to 2027.

What is Video Game?
A computer game is an electronic gaming environment that involves interaction with an interface to obtain visual feedback on a two- or three-dimensional display screen device. The devices generally are touchscreen, virtual reality headset or monitor/TV set. These video games are played in two mode – online or offline. The common input used for interface is the game controllers such as gamepads, joysticks, mouse devices, keyboards, the touchscreens of mobile devices. The video games are played on various platforms such as PC, home console, web browser, mobile, virtual reality and many others. The video games find extensive applications in social media such as Facebook and reddit, in educational institutes, corporate enterprises, smartphone industry, media and entertainment sectors.

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Global Video Game Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The rising inclination from physical games to online games, growing penetration of internet services coupled with the easy availability and access of games on the internet, and technological proliferation and innovation are expected to fuel the growth of the global video game market. The trend of social media gaming and the growing popularity of esports tournaments is likely to drive the demand for the forecast period.

Furthermore, an increasing number of professional gamers, high demand in various avenues such as educational institutes and corporate enterprises, and rising disposable income levels are anticipated to propel the market growth. However, concerns relating to fraud during gaming transactions, copyright, piracy issue, and video game-related health issues are the potential restraints hampering the overall market. Whereas, the advancements in video gaming technologies, growing youth population, and changing consumer preferences offers the favorable growth opportunities.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Video Game Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Video Game Market Competitive Landscape
The “Global Video Game Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Activision Blizzard Inc., Apple Inc., Disney Consumer Products and Interactive Media Inc., Electronic Arts Inc., Lucid Games Ltd., Microsoft Corporation, Nintendo Co. Ltd., Rovio Entertainment Corporation, Tencent Holdings Limited, Sony Interactive Entertainment Inc., and Others. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Video Game Market, By Device Type
• Console
• Mobile
• Computer
• Others

Video Game Market, By Platform
• Online
• Offline
• Other

Video Game Market, By Age Group
• Age group 10-20
• Age group 21-35
• Age group 36-50
• Age group 51-60

Video Game Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Middle East & Africa
o Latin America

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